Obama outsources nation’s economic management to Bain consultant

[laserhaas]

This discussion thread was locked as off-topic by William769 (a host of the Latest Breaking News forum).

Source: Daily Caller White House Correspondent Neil Munro

President Barack Obama’s new top economic deputy is a former management consultant who worked for Gov. Mitt Romney’s Bain & Company investment firm.

The appointment of Jeff Zients as head of the National Economic Council is likely to annoy some union officials and some liberal groups who are focused on declining working-class wages and growing poverty, and it clashes with the populist anti-business invective used by Obama and his aides on the 2012 campaign trail to paint Romney as uncaring.

“Jeff has a sterling reputation as a business leader, and he earned the admiration and respect of everyone he worked with during his four years in leadership positions at the Office of Management and Budget,” Obama said in a statement Sept 13 that did not mention Zient’s role at Bain.



Read more: http://dailycaller.com/2013/09/13/obama-picks-bain-executive-as-top-economic-advisor/

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Bane of Bain is Bain
[br]
I've got nothing against Obama's pick - whatsoever. The guy only worked with Romney (purportedly) from 1988 to 1990.

But I'm ecstatic that the press has a permanent disdain for Romney and Bain.

Yours truly has been trying his dangest to get a federal investigation going after Mitt Romney for lies under oath to the American public and frauds that transpired by Bain Capital secret execs & attorneys from 1999 to 2001. If Bain Capital benefited from Fraud - Romney's boasted he gets millions per year- thus Romney has benefited from fraud.


Perhaps - some day soon - a reporter will realize how huge a prize winning story is sitting here and he/she will tackle the debacle that others have been unwilling to piece together.

Goldman Sachs and Bain Capital deliberately destroyed the eToys public company and they illegally sneaked in their law firms into the eToys bankruptcy. Where they then arranged to have all the evidence Destroyed.
http://petters-fraud.com/MNAT_Motion_Destruction_Books_n_Records.pdf

Paul Traub's law firm and www.MNAT.com secretly work for Bain Capital/Romney interests. MNAT handled the merger of 'The Learning Company' with Mattel in 1999 (which lost investors $3 Billion).

Most are unaware Romney and his associates were owners of TLC.

Also in 1999, Goldman Sachs took eToys of Los Angeles public. The stock shares did sky rocket to $85; and Goldman Sachs knew it would go over $80. But eToys received less than $20 as a matter of fraud.

MNAT confessed the law firm lied in eToys and hid its Goldman Sachs connection.

Paul Traub confessed that he lied in court (intentionally lied is also admitted) - in order to place creditor counsel Paul Traub's partner (Barry Gold) inside eToys as a post bankruptcy petition President/CEO.
http://www.post-gazette.com/stories/business/news/etoys-investors-claim-conflict-at-law-firm-592819/

Also, Matt Taibbi wrote the Rolling Stone September 2012 cover story "Greed and Debt: The True Story of Mitt Romney and Bain Capital" (NOTE: I'm Taibbi's source of the story).

Taibbi details the 2000 bankruptcy of Stage Stores and how Romney funded Stage STores with Michael Milken Junk Bond Fraud Monies. How Mitt was able to do this (as Taibbi points out) - is the Judge presiding over Milken had a wife who was owner of one of the entities that was acquired by Stage Stores.

The "Greed and Debt" details how Michael Glazer was CEO of Kay Bee and paid himself $18 million and Bain Capital $83 million.

HERE's WHAT ALL THOSE NEWS ARTICLES ARE MISSING.

Michael Glazer was a director of Romney's Stage Stores (and is now the CEO). The director's assistant was Barry Gold, who hired Paul Traub.

Hence Traub, Gold, Glazer, Romney, Bain and Kay Bee are all one and the same!

MNAT is representing Bain in the $83 million issue;
and Paul Traub asked to prosecute Bain & Glazer!
(I kid you not - it is right in the record)

BUT IT GETS MUCH WORSE.

Paul Traub asked to be the one to prosecute Glazer and Bain while Traub was being punished for failure to reveal a conflict of interest in eToys. The U.S. Trustee sought to Disgorge Traub's firm for $1.6 million - for the FRAUD on the COURT lies about Barry Gold.

If you will take the time to look, the U.S. Trustee testifies that it the feds forewarned Traub in advance - NOT to replace eToys executives with anyone connected to the case. (see parts 19 & 35 of the Disgorge Motion).

Thus Traub, MNAT and Gold's offenses are extensively heinous & egregious.

With the fact that MNAT, Traub and Gold are all connected to Bain/Kay Bee (when Romney was CEO of Bain and Glazer was CEO of Kay Bee) - it is a Bankruptcy Fraud crime under sections 152 through 157 of Bankruptcy Fraud codes - for MNAT, Barry Gold and Paul Traub to lie to the Delaware Bankruptcy Court to get their jobs - and then sell assets to Bain /Kay BEe.

The law considers it fraud NO matter how much money they claim received.

As a matter of fact with have outright proof that the parties defraud eToys for the benefit of the secret client Bain.

Yours truly was the court appointed fiduciary in eToys (owner of CLI) - and we had sold eToys.com domain names to Bain/Kay Bee for $10 million.

MNAT, Traub and Gold - benefiting from Perjury - reduced the price to $3 million.

That is expressed proof of collusion to defraud a federal estate.

----------------------

MNAT and Barry Gold nominated Paul Traub to sue Goldman Sachs in the New York Supreme Court. Now that Romney lost the election - they fraudsters want to settle that case and put everything under SEAL.

Now Barry Gold is suing Traub not to pay his partner. It is signed by MNAT. Barry Gold is forbidden by law from negotiating his partners pay (Transaction with Related Person) and MNAT has confessed it represents Goldman Sachs. MNAT signed Gold's objection to ask to reduce Traub's pay in the Goldman Sachs case.
http://www.dailykos.com/story/2013/09/10/1237900/-LBN-Judge-Cancels-eToys-Hearing-Traub-Partners-Object-to-Payments

If you would like to know the rest of the story = including proof that an MNAT law firm partner became the United States ATtorney who buried the case from investigation.

Please let me know?

There's also the fact that Paul Traub was partners with fraudsters Marc Dreier and Tom Petters - where the Federal Receiver over Tom Petters Ponzi said Traub was the "controller" of Tom Petters.

Unfortunately, there's also mayhem and murder.

[laserhaas]

1. I'm giddy as all can be - that so much is going on even after a defeated Rom enemy

It's so cool

[Autumn]

2. Interesting. Thanks for posting this.

[Scuba]

3. Zappa's moment coming very soon.

[BumRushDaShow]

4. So Daily Caller is now embraced by DU?

Wow. How far DU has fallen. Might as well post stuff from Town Hall and The Blaze while you're at it.

[William769]

5. Locking.

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